Dubai Short-Stay Rents Skyrockets 50%, up to Dh4,500 Per Day

A significant hike of 50%, reaching up to Dh4,500 per day, has been recorded in Dubai's short-stay rental market. Reports reveal that landlords and property investors who focused on short-term lettings saw dramatic year-on-year rate growth in December, with some seeing an increase as impressive as 50%. Gregory Lewis conveyed that the unprecedented surge was primarily driven by...